Thomas & Wynter

Early Stage

Where fashion meets short term carry

Analytics

Raised to Date: Raised: $5,472

Aggregate Commitments $

Platform

Republic

Start Date

06/17/2022

Close Date

09/26/2022

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$3,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

93

% of Min. Goal

22%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$684

Momentum
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Location

Riverdale Park, Maryland

Industry

Apparel & Fashion

Tech Sector

FashionTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

Thomas & Wynter, with a valuation of $3 million, is raising funds on Republic. It is a luxury brand that designs insulated lunch totes for people on the go. The insulated totes of Thomas & Wynter keep the food warm or cold while on the go and look great. The totes are made of vegan leather and have reinforced dual handles for solid grip with removable shoulder straps. Thomas & Wynter reported a 156% increase in total sales from 2020 to 2021 and has been featured in USA Today, Reader’s Digest, and Forbes. Sherika Wynter and Shallon Thomas founded Thomas & Wynter in June 2014. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used to diversify manufacturing, expand distributor and partner networks, expand product offerings, and expand its European footprint.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$92,943

$34,748

COGS

$4,157

$8,241

Tax

$0

$0

 

 

Net Income

$-42,318

$-5,919

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$14,644

$68

Accounts Receivable

$0

$0

Total Assets

$20,649

$68

Short-Term Debt

$37,612

$8,317

Long-Term Debt

$33,604

$0

Total Liabilities

$71,216

$8,317

Financials as of: 06/17/2022
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Thomas & Wynter on Republic 2022
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Platform: Republic
Security Type: SAFE
Valuation: $3,000,000

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